Market statistics:
  • TWK Investments - Current price: R 13.00 0.00% Value traded today: R 0 | TWK Holdings - Current price: R 26.50 0.00% Value traded today: R 0
The market is closed

Who is protecting you?

Neither Equity Express nor the Financial Services Board (FSB) regulates the marketplace. Equity Express is neither a stock exchange nor a self-regulatory organisation (SRO). It is however an Authorised Financial Services Provider (FSP) and is regulated under FAIS by the FSB. Equity Express facilitates the trading of company shares as an agent of the company on the Equity Express platform; it also organises and disseminates company information making the marketplace more transparent, efficient and investor friendly.

Due to the fact that the trading platform that Equity Express operates on behalf of the TWK Group is not a licensed stock exchange as contemplated in the Financial Markets Act, 2012 (the "FM Act"), the anti-insider trading and prohibited practices provisions as well as the prohibitions against publication of false and misleading statements provided for in sections 78 to 81 of the FM Act arguably do not apply to the trading platform.

Investors should note, however, that even though the trading platform is not a licensed exchange, Equity Express and the TWK Group have nevertheless implemented extensive measures to prevent fraud and other abuses through, among other things, insider trading and price manipulation.